from BERNAMA, The Malaysian National News Agency SIBU, July 21 (Bernama) -- An upcoming private commercial development project totalling RM60 million is expected to spur greater development in the surrounding areas of the airport here.
Wholesale HandbagsThe project, to be undertaken by Sunhill Development Sdn Bhd, will see the development of a RM35 million nine-storey hotel, a RM5 million two-storey food court and 20 units of shop houses worth RM20 million.
President of the Sarawak Housing and Real Estate Developers' Association (SHEDA), Joseph Ting King Sexy Costumes Sung, said the project is expected to be completed in five years by Sunhill, a company related to his Joseph Design and Contracts Sdn Bhd.
He also said the properties, to occupy high grounds at the 23rd Kilometer of the Tun Abdul Rahman Road, will be free from any flood problem.
Ting was speaking at a press conference to announce SHEDA Home and Property Roadshow Sibu 2010 here today.
The three-day roadshow from July 27-29 will be held at Wisma Sanyan here in conjunction with the upcoming Merdeka Day celebration.
Bedat & CO Watches"Todate, 60 per cent of the total of 23 booths have been booked, with a 10 per cent discount given to members of SHEDA," Ting said.
"In view of the economic recovery, this should be the best platform for developers from Kuching, Miri and here to introduce their housing packages," he added.
Copyright 2010 Bernama
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